USD/JPY – 30M – BUY

The currency pair goes from the ascending trendline upwards

A continuation of the uptrend up to the next resistance line at 158.22800 is expected.

Caution: A possible reversal of the trend in the direction of the support line at 157.62300 could happen.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 160.21700
2nd High 158.25300
Next High 158.22800
Current Price 157.82800
Next Low 157.62300
2nd Low 157.51300
3rd Low 157.15400

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